McDonald’s: Strong Business Momentum Makes Investors Happy
27 September 2021 - 12:32PM
TipRanks
As restaurants around the world have started re-opening following
the easing of pandemic restrictions, McDonald’s seems to have
benefitted from this trend. While the fear of the Delta variant
still exists, it seems customers still have an insatiable appetite
for McDonald’s ‘Happy Meals.' McDonald’s (MCD) operates and
franchises McDonald’s restaurants, quick-service restaurants (QSRs)
that serve a menu of food and beverages in 119 countries. The QSR
giant’s business segments include the U.S. and International
Operated Markets (IOM). Currently, 93% of the company’s restaurants
are franchised restaurants. I am bullish on the stock as the strong
business momentum continues for the company.
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McDonalds (NYSE:MCD)
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